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Citibank Savings Account Rates | The bank rate


Citibank is Citigroup’s retail banking group and offers savings accounts.

You can find a prime rate offered by the big bank on their online savings account only in certain markets; However, not all Citi savings accounts offer a pop-up payment. What savers will earn depends on their balance and their relationship with the bank.

When banking with Citi, you can also take advantage of the bank’s 24/7 phone support and a mobile banking app experience that stands out from some of the competition.

Citibank scored 4.3 out of 5 in the bank’s overall Bankrate rating.

Citibank savings rate

Citibank offers tiered rates based on your relationship and balance with the bank.

Let’s take a closer look at Citibank’s High Yield Savings Account which is part of the Citi banking package but is only available in certain markets.

Note: The APYs (Annual Percentage Return) shown are as of August 23, 2021. The APYs for certain products may vary by region.

Account name APY Minimum deposit
The Citi Accelerated Savings Account 0.50% $ 0

Let’s take a closer look at the standard rates for customers who have the Citigold Account plan.

Account name Interest rate APY Minimum deposit for APY
Citi Savings 0.04% 0.04% Less than $ 10,000
Citi Savings 0.06% 0.06% $ 10,000 – $ 24,999.99
Citi Savings 0.10% 0.10% $ 25,000 to $ 49,999.99
Citi Savings 0.10% 0.10% $ 50,000 to $ 99,999.99
Citi Savings 0.12% 0.12% $ 100,000- $ 499,999.99
Citi Savings 0.15% 0.15% $ 500,000 to $ 999,999.99

Let’s take a closer look at the customers who have the Citi Priority Account plan.

Account name Interest rate APY Minimum deposit for APY
Citi Savings 0.04% 0.04% Less than $ 10,000
Citi Savings 0.06% 0.06% $ 10,000 – $ 24,999.99
Citi Savings 0.10% 0.10% $ 25,000 – $ 99,999.99
Citi Savings 0.12% 0.12% $ 100,000- $ 499,999.99
Citi Savings 0.15% 0.15% $ 500,000 +

Let’s take a closer look at the customers who have the Citibank account package.

Account name Interest rate APY Minimum deposit for APY
Citi Savings 0.04% 0.04% Less than $ 10,000
Citi Savings 0.04% 0.04% $ 10,000 – $ 24,999.99
Citi Savings 0.08% 0.08% $ 25,000 to $ 99,999.99
Citi Savings 0.10% 0.10% $ 100,000- $ 499,999.99
Citi Savings 0.13% 0.13% $ 500,000 to $ 999,999.99

Let’s take a closer look at the customers who have the basic account plan.

Account name Interest rate APY Minimum deposit for APY
Citi Savings 0.04% 0.04% Below $ 24,999.99
Citi Savings 0.06% 0.06% $ 25,000 +

Let’s take a closer look at the Access Account package.

Account name Interest rate APY Minimum deposit for APY
Citi Savings 0.04% 0.04% Below $ 24,999.99
Citi Savings 0.06% 0.06% $ 25,000 +

Citi also offers promotional APYs.

How Citigroup’s Savings Rates Compare to the Most Profitable Banks

Citi’s Accelerate Savings Account is in the top tier when it comes to returns. Although some banks offer higher yields, you will be close enough to the top that it probably won’t be worth switching to a new bank. However, it is only available in certain markets.

For Citi Savings, you can find all kinds of accounts that pay higher returns. Vio Bank, Quontic Bank, and Live Oak Bank are among the banks offering some of the highest rates.

Other savings options at Citibank

If you live in states where the Citi Accelerate Savings Account is available, this is probably the best savings option you’ll find at the bank. You can open an interest-bearing checking account, but the rate is close to zero. The bank also offers CDs; however, most CDs have a lower rate than the bank’s high yield savings account.